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Texas chemical factory to buy 48 MW of solar power from X-ELIO site
BASF as well as X-ELIO introduced they have actually authorized a 12-year PPA to provide 48 MW of solar energy to BASF's Verbund site in Freeport, Texas. With this contract in position, 100% of the site's anticipated bought power will certainly be supplied from renewable energy.
Sep 15, 2022 // Markets & Finance News, USA, North America, x-elio, BASF, Brad Morrison, Bill Morrow
Top solar Developers - Mainstream energy companies pile into utility scale solar
Top utility-scale solar project developers with at least 0.9 GWAC cumulative commissioned capacity
Dec 4, 2019 // Market Research, Canadian Solar, First Solar, SunEdison, recurrent energy, top solar developers, Enerparc
Ayana Renewable Acquires Solar Assets Worth 40 MW in Karnataka
Ayana Renewable Power has actually introduced the acquisition of a 100 percent equity risk in two First Solar established solar plants, with a total capability of 40 MW.
Aug 4, 2020 // Plants, Large-Scale, Commercial, India, First Solar, Asia, solar projects, Ayana Renewable, Shivanand Nimbargi, Sujoy Ghosh
Mitsui invests US$ 632m in Mainstream Renewable Power as it eyes IPP synergies
Japanese investment company Mitsui has spent EUR575 million (US$ 631.6 million) in renewables designer Mainstream Renewable Power, bringing its valuation to EUR2.1 billion after the transaction.
Mar 24, 2022 // Markets & Finance News, Battery Storage, funding, green hydrogen, mainstream renewable power, mitsui, aker horizons, green ammonia, equity finance
Ørsted, Skovgaard Energy team up on enthusiastic Power-to-X project in Denmark
Danish energy company and also offshore wind major Ørsted A/S (CPH: ORSTED) as well as compatriot renewables programmer Skovgaard Energy will certainly partner to develop a Power-to-X center in Denmark that could reach more than 3 GW of electrolysis capacity, possibly becoming one of the largest in Europe.
Dec 6, 2022 // Plants, Europe, Denmark, Ørsted, Skovgaard Energy, Power-to-X project
Indonesia goes solar to power airport at future capital
A subsidiary of French power giant Total has signed a contract to supply rooftop PV to an airport in East Kalimantan province, which will be Indonesia's first airport to go solar and will cater for Indonesia's future capital in Borneo.
Nov 27, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Total, rooftop PV, Indonesia, sorsea, Gavin Adda
UAE's W Solar plans to add 2 GW of solar in Libya
W Solar Investment, a subsidiary of UAE-based Alpha Dhabi Holding, is preparing to construct solar photovoltaic or pv (PV) plants in Libya as part of a partnership with the state-owned General Electricity Company of Libya (GECOL), targeting the release of 2 GW of solar capacity in the long-term.
Jun 27, 2022 // Plants, Large-Scale, Commercial, Asia, Africa, UAE, PV Power Plant, Libya, W Solar
Shell and also Norsk Hydro sign green hydrogen MoU
Pair will jointly produce and supply the fuel to aid decarbonise their proceduresPair will jointly produce and supply the fuel to aid decarbonise their procedures
Nov 11, 2021 // Storage, Solar to Fuel, Europe, Norway, shell, green hydrogen, Arvid Moss, Norsk Hydro
2500 MW Auction to Source Power Canceled
The 2500 MW solar installation auction to provide power over three years has been canceled due to a perceived lack of interest from power utilities owned by the state.
Dec 24, 2019 // Plants, Large-Scale, Commercial, UK, Europe, carport, Oxford City Council
Israeli business prepare green energy push in seven Arab countries
Israeli business Enlight Renewable Energy (TLV: ENLT) and NewMed Energy (TLV: NWMD), previously referred to as Delek Drilling, have signed up with hands to implement renewable resource projects in several countries between East as well as North Africa.
Aug 19, 2022 // Markets & Finance News, Asia, Israel
Broad Reach Power gets 100-MWh Cascade Energy Storage project from Enel subsidiary
Broad Reach Power, an independent power manufacturer based in Houston that has a 5-GW portfolio of utility-scale solar and also energy storage power projects, introduced it has acquired the 25-MW/100-MWh front-of-the-meter Cascade Energy Storage project located beyond Stockton, California from a subsidiary of Enel.
Nov 24, 2020 // Storage, USA, North America, Broad Reach Power, Cascade Energy Storage, Justin Amirault, Steve Vavrik
Iberdrola to Supply Over 1 TWh Renewable Power to Amazon
Baltic Eagle and also Windanker Offshore Wind Projects of Iberdrola in the Baltic Sea will supply 1.1 TWh of green energy to Amazon yearly.
Iberdrola stated that it will certainly likewise utilize Amazon Web Services (AWS) for cloud solutions.
Mar 29, 2023 // Markets & Finance News, Iberdrola, Amazon, Renewable Energy, Ignacio Galán, renewable energy projects, Baltic Eagle, Baltic Hub, largest PPA of Iberdrola, offshore wind projects, solar and wind projects, Windanker
New Fitch Report Says Saudi Arabia Solar Power Expansion To Reach 5.1 GW By 2031
Saudi Arabia awarded contracts for the development of more than 1.7 GW of solar energy projects until now.
The report likewise said that Saudi Arabia furthermore has green hydrogen as a key component of its long-lasting energy sector strategy. The country desires create 2.9 million tonnes of green hydrogen each year by 2030.
Jun 22, 2022 // Markets & Finance News, Saudi Arabia, Asia, fitch solutions, green hydrogen, Solar Power, NREP, National Renewable Energy Programme, saudi solar capacity
Altus Purchases 220 MW Solar Portfolio from RE Equity Firm TGC in United States
Both companies have authorized a binding agreement last week for the solar energy portfolio for $293 million.
TGC said that the equity funding for these assets was provided by the third fund of TGC, True Green Capital Fund III, as well as its funding partners provided debt as well as tax equity.
Jan 6, 2023 // Markets & Finance News, Altus Power, TGC, True Green Capital Management, Chris Kirkman, Gregg Felton, Panos Ninios, True Green Capital Fund III
Malaysia solar team partners on 500MW in Taiwan
Solarvest indicators MoU with neighborhood firm Hsinjing Holding Corporate to establish projects by 2025
Oct 29, 2021 // Markets & Finance News, Malaysia, Asia, Taiwan, Davis Chong Chun Shiong